The Global Synthetic and Bio Based Polypropylene Market was valued at USD 145.6 Billion in 2024 and is projected to reach USD 210.3 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust expansion is driven by escalating demand from the automotive, packaging, and consumer goods industries, alongside a pivotal global shift towards sustainable and bio-based polymers to meet stringent environmental regulations and corporate sustainability goals.
As the plastics industry navigates the transition to a circular economy, the focus intensifies on the leading material suppliers who are pioneering advanced polymerization technologies and scalable bio-alternatives. In this blog, we profile the Top 10 Companies in the Synthetic and Bio Based Polypropylene Industry—a blend of petrochemical giants, specialized polymer producers, and sustainability innovators shaping the future of this essential polymer.
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🔟 1. LyondellBasell Industries
Headquarters: Houston, Texas, USA
Key Offering: Hostalen, Lupolen, CirculenRenew (Bio-based PP)
LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies and a global leader in polypropylene production. The company’s extensive portfolio includes a wide range of PP homopolymers and copolymers. It is at the forefront of the circular economy with its CirculenRenew portfolio, which incorporates bio-based and recycled content into polypropylene.
Sustainability Initiatives:
- Target to produce and market 2 million metric tons of recycled and renewable-based polymers annually by 2030.
- Advanced recycling projects to convert plastic waste into feedstock for new plastics.
- Global partnerships to scale the use of renewable feedstocks like used cooking oil.
9️⃣ 2. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC® PP, TRUCIRCLE™ solutions (including certified renewable PP)
SABIC is a global leader in diversified chemicals and a major producer of polypropylene. Its TRUCIRCLE initiative is a cornerstone of its sustainability strategy, offering a portfolio of circular solutions, including bio-based polypropylene derived from second-generation renewable feedstocks that do not compete with the food chain.
Sustainability Initiatives:
- Launch of certified renewable polypropylene for rigid and flexible packaging.
- Investment in chemical recycling technology to create a circular value chain.
- Commitment to carbon neutrality in its operations by 2050.
8️⃣ 3. ExxonMobil
Headquarters: Irving, Texas, USA
Key Offering: ExxonMobil™ Polypropylene, Achieve™ Advanced PP
ExxonMobil is a key global player in the polypropylene market, supplying a broad range of grades for applications from automotive components to consumer packaging. The company is actively advancing its capabilities in circular plastics through extensive recycling and feedstock innovation programs.
Sustainability Initiatives:
- Large-scale advanced recycling facility in Baytown, Texas, aimed at processing plastic waste.
- Development of certified circular polymers using molecular recycling technology.
- Active participation in industry alliances to improve plastic waste recovery.
Download FREE Sample Report: Synthetic and Bio Based Polypropylene Market – View in Detailed Research Report
7️⃣ 4. Braskem
Headquarters: São Paulo, Brazil
Key Offering: Braskem PP, I’m green™ bio-based Polyethylene and EVA (with PP expansion focus)
Braskem is the largest thermoplastic resin producer in the Americas and a global pioneer in biopolymers. While renowned for its sugarcane-based green polyethylene, the company has a significant stake in the polypropylene market and is actively researching pathways for bio-based PP, leveraging its expertise in renewable chemistry.
Sustainability Initiatives:
- World’s first industrial-scale production of green polyethylene from sugarcane.
- Roadmap to expand its renewable product portfolio to include polypropylene.
- Commitment to becoming a carbon-neutral company by 2050.
6️⃣ 5. INEOS
Headquarters: London, United Kingdom
Key Offering: INEOS Polypropylene, INEOS O&P Europe
INEOS is a leading producer of petrochemicals, specialty chemicals, and oil products. Its Olefins & Polymers Europe business is a major supplier of polypropylene across the continent, offering a diverse range of high-performance grades. The company is investing in recycling technologies to complement its virgin polymer production.
Sustainability Initiatives:
- Investment in advanced recycling projects to produce certified circular polypropylene.
- Development of polymer grades with recycled content for demanding applications.
- Focus on operational efficiency to reduce the carbon footprint of production.
5️⃣ 6. Sinopec (China Petroleum & Chemical Corporation)
Headquarters: Beijing, China
Key Offering: Sinopec PP resins
As one of the largest integrated energy and chemical companies in the world, Sinopec is a dominant force in the Asian polypropylene market. It operates numerous production facilities across China and is actively expanding its capacity and technological capabilities to meet rising domestic and international demand.
Sustainability Initiatives:
- Research and development into bio-based and biodegradable polymer technologies.
- Implementation of green and low-carbon development strategies across its operations.
- Exploration of chemical recycling partnerships to address plastic waste challenges.
4️⃣ 7. BASF
Headquarters: Ludwigshafen, Germany
Key Offering: BASF Polypropylene, Ultramid® (PA), with ChemCycling™ certified PP
BASF, a chemical giant, has a strong position in the polypropylene compound market. Its ChemCycling project is a landmark initiative, using pyrolysis oil from plastic waste as a feedstock to produce certified circular polypropylene, demonstrating a viable path for closing the plastic loop.
Sustainability Initiatives:
- Pioneering ChemCycling™ technology to create circular polymers.
- Commitment to reducing CO2 emissions and increasing resource efficiency.
- Offering mass-balanced certified products to customers seeking sustainable solutions.
3️⃣ 8. Borealis AG
Headquarters: Vienna, Austria
Key Offering: Borealis PP, Bornewables™ (renewable-based polyolefins)
Borealis is a leading provider of innovative solutions in the fields of polyolefins and base chemicals. It produces a wide array of high-value polypropylene grades. The company’s Bornewables portfolio offers drop-in renewable polyolefins, derived from sustainably sourced feedstocks, with plans to expand this technology to PP.
Sustainability Initiatives:
- Expansion of Bornewables portfolio to include renewable-based polypropylene.
- Investment in advanced mechanical and chemical recycling projects through its acquisition of Ecoplast.
- Target to supply 1.8 million tonnes of circular products and solutions annually by 2025.
2️⃣ 9. Reliance Industries Limited
Headquarters: Mumbai, India
Key Offering: Reliance Polypropylene
Reliance Industries is India’s largest private sector company and a major global player in polyester and polypropylene. With one of the world’s largest refining and petrochemical complexes, Reliance has significant PP production capacity and is strategically investing in recycling to build a circular economy model.
Sustainability Initiatives:
- Commitment to achieving Net Carbon Zero by 2035.
- Large-scale investments in recycling infrastructure and partnerships.
- Launch of recycled polypropylene under its R|Elan™ fabric brand, signaling expansion into recycled plastics.
1️⃣ 10. TotalEnergies
Headquarters: Paris, France
Key Offering: TotalEnergies PP, Circular Compounds
TotalEnergies is a broad-energy company with a significant presence in petrochemicals. Its polypropylene business is robust, serving various European and global markets. The company is proactively developing circular polymers, including bio-attributed and recycled-content PP, as part of its sustainability transformation.
Sustainability Initiatives:
- Production of bio-attributed polymers using renewable raw materials.
- Partnerships to advance chemical recycling and produce high-quality recycled polymers.
- Goal to produce 30% circular polymers by 2030.
Get Full Report Here: Synthetic and Bio Based Polypropylene Market – View in Detailed Research Report
🌍 Outlook: The Future of Polypropylene is Circular and Bio-Based
The synthetic and bio-based polypropylene market is at a critical inflection point. While conventional fossil-fuel-based PP will remain dominant in the near term due to its cost-effectiveness and established infrastructure, the industry is rapidly pivoting towards sustainable alternatives. Investments in bio-based feedstocks, advanced recycling technologies, and circular economy models are reshaping the competitive landscape.
📈 Key Trends Shaping the Market:
- Accelerated adoption of mass balance approaches to certify bio-based and circular content in polymers.
- Strategic partnerships between petrochemical companies, waste management firms, and brand owners to create closed-loop systems.
- Growing regulatory pressure and consumer demand for packaging and products with reduced carbon footprints.
- Technological advancements in catalysis and fermentation processes for cost-effective bio-based PP production.
Get Full Report Here: Synthetic and Bio Based Polypropylene Market – View in Detailed Research Report
The companies profiled above are not just supplying a commodity polymer; they are actively engineering the sustainable materials ecosystem that will underpin a wide range of industries for decades to come.
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